Barclays’ Former Russian Bank Has Issued a Token-Collateralized Loan
Expobank, the former Russian subsidiary of global investment bank Barclays, has followed Silvergate and issued a loan that uses tokens, in this case, WAVES, as collateral. The loan was made to an entrepreneur and tax consultant, Mikhail Uspensky, who bought WAVES in 2018 for a planned initial coin offering (ICO).
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